Microsoft’s annual developer conference is kicking off on June 2nd in San Francisco with the keynote presentation streaming live at 12:30PM ET / 9:30AM PT, and we will be following along here with everything as it’s announced. The Verge ’s Tom Warren reports that we can expect to hear about new AI models and agentic OpenClaw-like tools, plus a Copilot “super app” to go along with some of the major...
Microsoft’s annual developer conference is kicking off on June 2nd in San Francisco with the keynote presentation streaming live at 12:30PM ET / 9:30AM PT, and we will be following along here with everything as it’s announced. The Verge ’s Tom Warren reports that we can expect to hear about new AI models and agentic OpenClaw-like tools, plus a Copilot “super app” to go along with some of the major changes to Windows 11 that have already started appearing. Microsoft just announced the new Surface Laptop Ultra , powered by Nvidia’s RTX Spark, so there could be more Windows on ARM news in store. Follow along here for the latest news and updates. How to watch Microsoft’s Build 2026 conference Microsoft to unveil new AI models and Windows improvements at Build Microsoft’s big developer conference returns to San Francisco in June
On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, reports profit metrics and net sales for its first quarter that topped expectations, including adjusted operating income that was nearly twice the consensus estimate. Management boosted its annual forecasts. - Hewlett Packard Enterprise (...
On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, reports profit metrics and net sales for its first quarter that topped expectations, including adjusted operating income that was nearly twice the consensus estimate. Management boosted its annual forecasts. - Hewlett Packard Enterprise (HPE) shares are higher in early trading after the company gave an outlook for annual sales that topped estimates, citing massive growth in AI-fueled demand for its servers and networking. - Marvell Technology (MRVL) is rising after Nvidia Corp.'s Jensen Huang predicted the company will hit a $1 trillion valuation. Huang said Marvell's valuation will soar now that the age of "useful AI has arrived", and was joined by Marvell CEO Matt Murphy on stage at Computex trade show in Taipei. (Source: Bloomberg)
Jeff Aronson was working as a lawyer at LF Rothschild when the 1987 stock market crash put the firm out of business. In this conversation with David Rubenstein, the Centerbridge Co-Founder explains how that setback led him to a career in investing and eventually to Angelo Gordon. Aronson sits down with David Rubenstein for the premiere episode of Bloomberg Wealth Season 6. This interview was recor...
Jeff Aronson was working as a lawyer at LF Rothschild when the 1987 stock market crash put the firm out of business. In this conversation with David Rubenstein, the Centerbridge Co-Founder explains how that setback led him to a career in investing and eventually to Angelo Gordon. Aronson sits down with David Rubenstein for the premiere episode of Bloomberg Wealth Season 6. This interview was recorded April 28 in New York. (Source: Bloomberg)
On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, reports profit metrics and net sales for its first quarter that topped expectations, including adjusted operating income that was nearly twice the consensus estimate. Management boosted its annual forecasts. - Hewlett Packard Enterprise (...
On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, reports profit metrics and net sales for its first quarter that topped expectations, including adjusted operating income that was nearly twice the consensus estimate. Management boosted its annual forecasts. - Hewlett Packard Enterprise (HPE) shares are higher in early trading after the company gave an outlook for annual sales that topped estimates, citing massive growth in AI-fueled demand for its servers and networking. - Marvell Technology (MRVL) is rising after Nvidia Corp.'s Jensen Huang predicted the company will hit a $1 trillion valuation. Huang said Marvell's valuation will soar now that the age of "useful AI has arrived", and was joined by Marvell CEO Matt Murphy on stage at Computex trade show in Taipei.
A screen of U.S. mid-cap stocks identified Houlihan Lokey ( HLI ), Ensign Group ( ENSG ), and Murphy USA ( MUSA ) among the market's least attractively valued names. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forwar...
A screen of U.S. mid-cap stocks identified Houlihan Lokey ( HLI ), Ensign Group ( ENSG ), and Murphy USA ( MUSA ) among the market's least attractively valued names. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively the stock is priced compared to its sector peers. U.S. mid-cap stocks with the least attractive valuations (market cap $2B and $10B): Houlihan Lokey ( HLI ): Valuation Grade F The Ensign Group ( ENSG ): Valuation Grade F Murphy USA ( MUSA ): Valuation Grade F FirstCash ( FCFS ): Valuation Grade F American Healthcare REIT ( AHR ): Valuation Grade F Argan ( AGX ): Valuation Grade F Bruker ( BRKR ): Valuation Grade F CAVA Group ( CAVA ): Valuation Grade F Ormat Technologies ( ORA ): Valuation Grade F Bio-Techne ( TECH ): Valuation Grade F Related stories CAVA Group, Inc. (CAVA) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Bruker: Earnings Recovery Priced In, Growth Still Missing CAVA Group: Why A Stellar Q1 Doesn't Justify A 150x Multiple Ensign buys two healthcare facilities in Iowa and California These 10 mid-cap U.S. healthcare companies carry the market's most expensive valuations
Alistair Berg Recent analyst actions highlight notable upgrades for Sea Limited ( SE ) and Yum! Brands ( YUM ), with analysts pointing to attractive valuations and strategic catalysts. Paul Franke upgraded Sea Limited based on a compelling GARP setup and a massive cash position. On the downgrade front, two semiconductor names are facing increased scrutiny. Oliver Rodzianko moved Marvell Technology...
Alistair Berg Recent analyst actions highlight notable upgrades for Sea Limited ( SE ) and Yum! Brands ( YUM ), with analysts pointing to attractive valuations and strategic catalysts. Paul Franke upgraded Sea Limited based on a compelling GARP setup and a massive cash position. On the downgrade front, two semiconductor names are facing increased scrutiny. Oliver Rodzianko moved Marvell Technology ( MRVL ) to Hold after the stock surged 125%, citing stretched valuations despite strong AI-driven fundamentals. Meanwhile, The Techie downgraded Intel ( INTC ) to Sell as Nvidia’s entry into the consumer PC processor market threatens what was Intel’s last defensible moat. Upgrades Sea Limited ( SE ): Upgrade to Buy by Paul Franke . The analyst cites a compelling Growth at a Reasonable Price and PEG setup, supported by a bottoming chart pattern and robust fundamentals including a $10.5 billion cash position and near 9.5% free cash flow yield at $90 per share. “Putting a Buy rating on shares seems pretty obvious to me, after reviewing all of the valuation ideas in aggregate. The A+ balance sheet, monster free cash flow generation, still well above-average growth rate, all available at a lower than typical valuation, highlight a truly bullish investment story.” Yum! Brands ( YUM ): Upgrade to Buy by Pedro Goulart . The upgrade is driven by exclusive talks to sell Pizza Hut to LongRange Capital, with potential deal value estimated at $3.6–$4.3 billion, which could significantly deleverage the company and enable aggressive capital returns. “Yum! would likely use the proceeds from the Pizza Hut sale to deleverage its balance sheet. And, since I'm still leaning towards something close to ~$3.8 to $4 billion here, I think it's worth taking a look at what they can do here.” Downgrades Marvell Technology ( MRVL ): Downgrade Strong Buy to Hold by Oliver Rodzianko . Despite strong AI-driven data center revenue growth and record Q1 operating cash flow, the stock’s 125% surge has pushe...
Board, the startup building what it calls "together tech" designed to bring people into the same room, has closed a Series A led by Union Square Ventures.
Board, the startup building what it calls "together tech" designed to bring people into the same room, has closed a Series A led by Union Square Ventures.
The world's largest exchange-traded fund, SPDR S&P 500 ETF Trust ( SPY ), saw inflows of $4.05B for the week ended May 29, while its price rose 0.78%. On the other hand, iShares Bitcoin Trust ETF ( IBIT ) saw outflows of $967.11M last week, while Bitcoin ( BTC-USD ) price slipped 2.70% during the same period. SPDR Gold Shares ETF ( GLD ) posted outflows totaling $811.94M this week, while GLD price...
The world's largest exchange-traded fund, SPDR S&P 500 ETF Trust ( SPY ), saw inflows of $4.05B for the week ended May 29, while its price rose 0.78%. On the other hand, iShares Bitcoin Trust ETF ( IBIT ) saw outflows of $967.11M last week, while Bitcoin ( BTC-USD ) price slipped 2.70% during the same period. SPDR Gold Shares ETF ( GLD ) posted outflows totaling $811.94M this week, while GLD prices fell 0.75% during the week. iShares Silver Trust ETF ( SLV ) also recorded outflows of $227.93M during the week. Last week’s inflows/outflows The 11 S&P 500 sector tracking ETFs collectively recorded inflows of about $698.28M last week, according to data from etfdb.com. The largest inflows were seen in the Consumer Discretionary Select Sector SPDR Fund ( XLY ), totaling $661.99M, followed by the Consumer Staples Select Sector SPDR Fund ( XLP ) with $245.10M in inflows and the Technology Select Sector SPDR Fund ( XLK ), which recorded $186.01M in inflows. The majority of the sectors recorded inflows during the week. On the other hand, the largest sector outflows were led by the Energy Select Sector SPDR Fund ( XLE ), which recorded $214.67M in outflows, followed by the Financial Select Sector SPDR Fund ( XLF ) with $193.35M and the Health Care Select Sector SPDR Fund ( XLV ) at $129.28M in outflows. Breakdown of S&P 500 sector fund flows: Name of Fund Ticker Flows Consumer Discretionary Select Sector SPDR Fund ( XLY ) $661.99M Consumer Staples Select Sector SPDR Fund ( XLP ) $245.10M Technology Select Sector SPDR Fund ( XLK ) $186.01M Utilities Select Sector SPDR Fund ( XLU ) $114.49M Industrial Select Sector SPDR Fund ( XLI ) $86.69M Real Estate Select Sector SPDR Fund ( XLRE ) $64.68M Materials Select Sector SPDR Fund ( XLB ) ($53.45M) Communication Services Select Sector SPDR Fund ( XLC ) ($69.93M) Health Care Select Sector SPDR Fund ( XLV ) ($129.28M) Financial Select Sector SPDR Fund ( XLF ) ($193.35M) Energy Select Sector SPDR Fund ( XLE ) ($214.67M) Click to enlarge...
Rheinmetall AG , Germany’s largest defense company, will provide €5.7 billion ($6.7 billion) worth of military gear to Romania to help shore up NATO’s Eastern flank, the firm’s biggest international contract package since the Russian invasion of Ukraine. The nation in southeastern Europe will procure 298 Lynx armored vehicles, Skyranger air defense systems, medium-caliber ammunition as well as fou...
Rheinmetall AG , Germany’s largest defense company, will provide €5.7 billion ($6.7 billion) worth of military gear to Romania to help shore up NATO’s Eastern flank, the firm’s biggest international contract package since the Russian invasion of Ukraine. The nation in southeastern Europe will procure 298 Lynx armored vehicles, Skyranger air defense systems, medium-caliber ammunition as well as four naval vessels, with deliveries to take place between 2028 and 2030, Rheinmetall said in a statement Tuesday. The contracts fall under the European Union’s SAFE program, which provides financing to member states looking to increase their defensive capabilities. Under the plan, Rheinmetall will invest several hundred million euros in Romania and create thousands of jobs to establish the infrastructure required for the large share of local production the firms says it targets. The defense firm has previously said that it would increase its footprint in the country, which shares the longest EU border with Ukraine, including through the construction of a propellant powder factory. It also acquired a majority stake in vehicle maker Automecanica Mediaș in 2024 and is in talks to take over a shipyard in Mangalia by the Black Sea with shipping company MSC SA . Read More: Rheinmetall Reshapes East Europe’s Soviet-Era Defense Industry Romania stands to tap about €16.7 billion in funding under the SAFE initiative, the second-largest allocation in the EU. It needs the upgrades to beef up its aging defenses and also be ready to respond to modern aerial warfare, such as drones. The crash of a Russian drone into a Romanian apartment building just last week raised concerns about Europe’s lack of preparedness even as fighting rages across the border in Ukraine for a fifth year. Read More: Romania Accuses Russia of Escalation as Drone Hits Building The SAFE funding will also help Romania avoid overburdening its budget further, as it entered a second year of painful fiscal consolidation to n...
Earnings Call Insights: Signet Jewelers (SIG) Q1 fiscal 2027 Management View "We delivered another quarter of comp sales growth with effective operating performance, driving strong earnings growth" (CEO & Director James Symancyk), while adding, "we're confident in our ability to deliver the year and are raising the midpoint of our guidance for fiscal '27." "We delivered comp sales growth across ev...
Earnings Call Insights: Signet Jewelers (SIG) Q1 fiscal 2027 Management View "We delivered another quarter of comp sales growth with effective operating performance, driving strong earnings growth" (CEO & Director James Symancyk), while adding, "we're confident in our ability to deliver the year and are raising the midpoint of our guidance for fiscal '27." "We delivered comp sales growth across every category and most brands this quarter" (CEO Symancyk), and said unit trends improved: "unit comps improving sequentially 3 points to the fourth quarter." "We are currently in the development and testing phase of the website redesign for Kay, Zales and Jared" (CEO Symancyk), adding, "we're furthest along with the redesign work at Jared" and "continue to expect all 3 to be completed in the early part of the third quarter" to support conversion "ahead of this year's holiday season." "We centralized sourcing for diamonds across our North American brands" (CEO Symancyk), and said the company is "getting clearer about the role each of our brands play across natural and lab-grown offerings" while aiming to improve margins and inventory turns. "We recently acquired The Clear Cut" (Chief Financial & Operating Officer Joan Hilson), describing it as "a small tuck-in acquisition" intended to accelerate Blue Nile’s repositioning "anchored in the enduring value of natural diamonds." Outlook "For the full year, we now expect the same-store sales range to be down 0.75% to up 2.5% with total revenue between $6.7 billion and $6.9 billion" (CFO Hilson). "We now expect adjusted operating income between $480 million and $560 million" and "adjusted EPS between $9.20 and $11 per share" (CFO Hilson), adding that the higher EPS range reflects "the additional share repurchases since March as well as the upcoming ASR." "For the second quarter, we expect a same-store sales range of up 0.5% to 2.5% with adjusted operating income between $79 million and $93 million" (CFO Hilson), and said merchandis...